MFG

Merit Financial Group Portfolio holdings

AUM $6.67B

This Quarter Return

-1.56%

1 Year Return

+7.66%

3 Year Return

+18.97%

5 Year Return

+93.04%

10 Year Return

–

AUM

$6.67B

AUM Growth

+$1.11B (+20%)

Cap. Flow

+$1.23B

Cap. Flow % of AUM

18.48%

Top 10 Holdings %Top 10 Hldgs %

22.65%

Holding

1,450

New

303

Increased

824

Reduced

249

Closed

Top Buys

1	iShares MSCI ACWI ex US ETF ACWX	$94.4M
2	iShares Core S&P US Growth ETF IUSG	$75.9M
3	BlackRock US Equity Factor Rotation ETF DYNF	$61.4M
4	iShares Core S&P US Value ETF IUSV	$56M
5	iShares MSCI USA Quality Factor ETF QUAL	$54.1M

Top Sells

1	Invesco S&P 500 Low Volatility ETF SPLV	$88M
2	iShares Core MSCI EAFE ETF IEFA	$79.5M
3	Vanguard FTSE Developed Markets ETF VEA	$18.1M
4	Vanguard Short-Term Treasury ETF VGSH	$13.9M
5	American Century Diversified Corporate Bond ETF KORP	$12.5M

Sector Composition

1	Technology	8.62%
2	Financials	5.17%
3	Industrials	4.28%
4	Healthcare	3.19%
5	Consumer Discretionary	3.11%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
851	851 Rayonier RYN $3.66B	$602K	0.01%	+21,591	New	+$602K
852	852 Vanguard S&P Mid-Cap 400 Growth ETF IVOG $1.13B	$600K	0.01%	5,816 -380	-6%	-$39.2K
853	853 Fidelity High Dividend ETF FDVV $5.87B	$599K	0.01%	+12,085	New	+$599K
854	854 Gaming and Leisure Properties GLPI $13B	$597K	0.01%	11,730 +804	+7%	+$40.9K
855	855 Invesco BuyBack Achievers ETF PKW $1.37B	$596K	0.01%	5,294 +290	+6%	+$32.7K
856	856 Western Union WU $2.66B	$595K	0.01%	56,245 +44,330	+372%	+$469K
857	EVV 857 Eaton Vance Limited Duration Income Fund EVV $1.19B	$595K	0.01%	59,611 +519	+0.9%	+$5.18K
858	858 Guidewire Software GWRE $18.5B	$594K	0.01%	3,170 +853	+37%	+$160K
859	859 RELX RELX $97.7B	$593K	0.01%	11,757 +5,139	+78%	+$259K
860	860 Crown Holdings CCK $12.3B	$592K	0.01%	6,635 +3,555	+115%	+$317K
861	861 First American FAF $5.76B	$591K	0.01%	8,998 +1,739	+24%	+$114K
862	862 Graco GGG $14.5B	$590K	0.01%	+7,068	New	+$590K
863	863 First Trust NASDAQ-100 Equal Weighted Index Fund QQEW $1.9B	$588K	0.01%	4,863 -535	-10%	-$64.7K
864	864 Element Solutions ESI $5.96B	$585K	0.01%	+25,871	New	+$585K
865	865 GitLab GTLB $7.41B	$584K	0.01%	12,420 +5,220	+73%	+$245K
866	866 Vistra VST $65.4B	$583K	0.01%	+4,966	New	+$583K
867	867 CDW CDW $23.8B	$582K	0.01%	3,630 -463	-11%	-$74.2K
868	868 iShares ESG Optimized MSCI USA ETF SUSA $3.55B	$581K	0.01%	5,056	–	–
869	869 Corteva CTVA $49.7B	$580K	0.01%	9,212 +3,849	+72%	+$242K
870	870 HSBC HSBC $220B	$578K	0.01%	10,065 +4,133	+70%	+$237K
871	871 Dover DOV $25.9B	$578K	0.01%	3,290 +114	+4%	+$20K
872	872 Constellation Brands STZ $30.1B	$571K	0.01%	3,110 +839	+37%	+$154K
873	873 Dimensional US Core Equity Market ETF DFAU $8.7B	$571K	0.01%	+14,848	New	+$571K
874	874 iShares MSCI India ETF INDA $9.94B	$571K	0.01%	11,083 +649	+6%	+$33.4K
875	875 PPG Industries PPG $26B	$570K	0.01%	5,213 -597	-10%	-$65.3K